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Strategies & Market Trends : LastShadow's Position Trading

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To: LastShadow who wrote (8713)2/17/1999 4:23:00 PM
From: Rick Faurot  Read Replies (1) of 43080
 
I'm not saying we'll have a big rally tomorrow, but when Elaine Garzerelli came on CNBC and called for a major correction, the markets dropped way below their previous support. I think this is a temporary oversold condition and I think we'll have a bounce at the open, followed by more of the same we saw today.

Rick
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